World unemployment at record 205 mn: ILO

Geneva, Jan 25 (Agencies): The International Labour Organisation (ILO) warned that the global economic recovery was not translating into jobs as world unemployment remained at a record 205 million for 2010.

"Despite a sharp rebound in economic growth for many countries, official global unemployment stood at 205 million in 2010, essentially unchanged from 2009, and 27.6 million more than on the eve of the global economic crisis in 2007," the ILO said on Monday.

"The ILO projects a global unemployment rate of 6.1 percent, equivalent to 203.3 million unemployed, through 2011," it added.Many young people reaching working age have also failed to find jobs.

In developing economies such as Brazil, Kazakhstan and Thailand, jobless rates have fallen below pre-crisis levels, the ILO noted.

"In spite of a highly differentiated recovery inlabour markets across the world, the tremendous human costs of the recession are still with us," ILO director-general Juan Somavia said.

Besides the unemployed, some 1.53 billion people are trapped in "vulnerable employment" such as temporary jobs, the ILO said.

Figures for youth unemployment also looked discouraging -- 78 million young people were jobless in 2010, up from the pre-crisis level of 73.5 million in 2007.